Diana Tea Company has returned to profitability for the financial year ended March 31, 2026, reporting a net profit of ₹175.43 lakh. This marks a significant turnaround from the net loss of ₹458.44 lakh recorded in FY25. The improvement was underpinned by a 24% increase in revenue from operations, which stood at ₹8,807.12 lakh against ₹7,082.45 lakh in the previous year.

The operational recovery was driven by higher own crop production and better price realization. The company harvested 34.74 lakh kg of tea, up from 28 lakh kg in FY25. Sales realization improved to ₹248.50 per kg, compared to ₹236.40 per kg previously. To support quality output, the company reduced its bought leaf intake significantly, dropping from 2 lakh kg to just 50,000 kg.

Financial Performance

The profit before tax improved to ₹148.81 lakh from a loss of ₹483.60 lakh. Total comprehensive income reached ₹159.64 lakh, contrasting with a comprehensive loss of ₹459.63 lakh in FY25. Other equity at year-end increased to ₹5,849.71 lakh from ₹5,689.44 lakh.

Capital Raise Proposal

At its upcoming 115th Annual General Meeting on September 11, 2026, shareholders will vote on several special resolutions. Key among them is the issuance of up to 4,074,075 Equity Convertible Warrants on a preferential basis to promoters and the promoter group. The warrants carry a face value of ₹5 each and an issue price of ₹27 each, aggregating to ₹11,00,00,025.

The proceeds are earmarked for investment in Bolt Ironworks Private Limited via subscription to its Compulsorily Convertible Debentures. These funds will be utilized for:

• Acquisition of approximately 17 acres of land in Mohra, Raipur, Chhattisgarh.
• Development of the land, including construction of industrial structures and fabrication sheds.

Governance and Dividends

The Board has not recommended any dividend for FY26. Mrs. Sarita Singhania, Whole-Time Director and Chief Financial Officer, retires by rotation and offers herself for reappointment. Her remuneration package includes a basic salary of ₹4,00,000 per month.

What the Numbers Show

The turnaround in profitability is heavily influenced by non-operating income dynamics. While operating profit margins expanded due to volume growth, the company’s total other income fell sharply to ₹243.38 lakh from ₹445.92 lakh in FY25. This decline was primarily driven by a drop in compensation received and income from mutual funds. Despite the lower other income, the substantial reduction in losses from operations—aided by lower finance costs (₹305.19 lakh vs ₹356.75 lakh)—enabled the bottom-line recovery.

Diana Tea Company has postponed its board meeting, originally scheduled for Monday, August 10, 2026, to Wednesday, August 12, 2026. The company cited unavoidable circumstances for the delay in convening the Board of Directors. The rescheduled meeting is set to begin at 3:15 P.M. on August 12, 2026.

The intimation was submitted to BSE Limited on August 7, 2026, pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows an earlier notice dated August 4, 2026, which had announced the initial schedule.

Trading Window Status

The trading window for dealing in the securities of the company remains closed for all designated persons and their immediate relatives. This restriction continues in accordance with the company’s Code of Conduct for Prevention of Insider Trading and the SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will remain shut until 48 hours after the conclusion of the rescheduled board meeting on August 12, 2026.

Key Details

Namrata Saraf, Company Secretary & Compliance Officer (Mem. No:-A40824), signed the intimation letter addressed to the Manager, Corporate Relationship Department at BSE Limited.